The marley company, llc acquired harsco industrial patterson-kelley from harsco corporation (nyse:hsc) for approximately $60 million.

The marley company, llc acquired harsco industrial patterson-kelley from harsco corporation (nyse:hsc) for approximately $60 million on november 13, 2019. the purchase consideration of $60 million was paid in cash, subject to post-closing adjustments. harsco expects to use the proceeds from the transaction to reduce debt, further strengthening its balance sheet to pursue growth. the transaction is expected to have a minimal impact on spx's adjusted eps of 2019. keybank acted as financial advisor and squire patton boggs acted as legal advisor to harsco corporation. the marley company, llc completed the acquisition of harsco industrial patterson-kelley from harsco corporation (nyse:hsc) on november 13, 2019.
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